748 Garrett LN, Arroyo Grande, CA 93420
748 Garrett LN, Arroyo Grande, CA 93420
748 Garrett LN, Arroyo Grande, CA 93420
748 Garrett LN, Arroyo Grande, CA 93420
748 Garrett LN, Arroyo Grande, CA 93420
748 Garrett LN, Arroyo Grande, CA 93420
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$ 1,700,000
Est. payment | /mo

7 Beds

4 Baths

10,506 SqFt


Save
$ 1,700,000
Est. payment | /mo
Save

7 Beds

4 Baths

10,506 SqFt

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,506 sqft

Price per Sqft $161

MLS Listing ID PI25170181

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1940

Lot Size 1.420 Acres

Property Sub-Type Mixed Use

Property Description

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo's commercial
core, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the property
encompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metal
fabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercial
tenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built home
offering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A private
fenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newer
roof (installed just three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix of
commercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-work
flexibility. Reach out today to explore the possibilities this dynamic property offers.

Location

State CA

County San Luis Obispo

Area Ag Mesa

Zoning IND

Rooms

Main Level Bedrooms 4

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room, Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Suburban

Utilities Available Cable Available, Electricity Connected, Propane, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Total Parking Spaces 1

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Corner Lot, Rectangular Lot, Sloped Up, Value In Land

Dwelling Type Mixed Use

Story 1

Entry Level One

Sewer Septic Tank

Water Well

Level or Stories One

New Construction No

Schools

School District Lucia Mar Unified

Others

Senior Community No

Tax ID 091341011

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Chelsea King Invest SLO 805-540-9333, DRE #02152275

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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